One Response to “UK Freegold”

The UK has been marking its gold to market for a long while now, but I noticed in its accounts that all of its gold holdings are now held by the government, rather than the Bank of England (a similar position to the US in that regard). I don’t think they are looking forward to freegold much.

Oddly the UK’s gold reserves (and other reserves) are quoted in US dollars, which doesn’t help matters.